Topic
Legal
Plaintiff seeks damages from yoga business, instructor for injuries
April 23, 2012 by Canadian UnderwriterIt was all the wrong moves for a British Columbia woman who claims her right hip and leg injuries resulted from being negligently physically manipulated by an instructor during a yoga class in April 2010. Amanda Jones, a lifeguard and…
Data events recorders must be installed in U.S. vehicles starting in 2015
April 23, 2012 by Canadian UnderwriterThe U.S. Senate has approved legislation requiring event data recorders to be installed in new passenger motor vehicles sold in the United States beginning in 2015. The bill, known as ‘MAP-21,’ has yet to be passed by the House of…
Limitation period suspended when psychological stress makes claimant incapable of proceeding: Ontario court
April 20, 2012 by Canadian UnderwriterOntario’s Court of Appeal has allowed a woman’s negligence action against her former lawyer to proceed despite the claim being filed after the two-year limitation period, because the limitation period did not run during the time she was under psychological…
Willis to study how U.S. companies respond to federal guidance around cyber attacks
April 18, 2012 by Canadian UnderwriterWillis Group Holdings is looking to get a fix on how U.S. companies are responding to federal guidance around cyber attacks, information that can be used by an organization to better assess risk at the macro level and see how…
Nova Scotia launches first part of auto reforms
April 18, 2012 by Canadian UnderwriterDrivers in Nova Scotia are now receiving enhanced medical benefits and will not face premium increases if they cover damage costs from car accidents themselves. The reforms, introduced Apr. 1 as part of the first phase of “fair auto insurance…
Can U.S. commercial policyholders tell their insurers their deepest secrets?
April 18, 2012 by Canadian UnderwriterCan a risk manager in the United States tell an insurer his or her company’s secrets? Only if insurance companies are willing to sign binding legal agreements that confirm they will not turn around and use those secrets against their…
Just 45% of U.K. motorists leave insurance info at scene of careless parking collisions
April 16, 2012 by Canadian UnderwriterJust 45% of motorists involved in careless parking collisions in the United Kingdom indicated they would leave their insurance details — even then, only if the damage was more serious than just a fender-bender. In fact, one in six car…
Breaking down “silos” of related information in a company is key to promoting cyber security: Zurich
April 16, 2012 by Canadian UnderwriterThe reluctance of business executives to ‘de-silo’ related company information is one of a number of stumbling blocks to mitigating cyber-risk, according to Zurich. The company presented a number of its recent findings about cyber security at the 2012 Risk…
Ontario court ruling that establishes a civil action for privacy breaches is a “game-changer” for defence counsel: lawyer
April 11, 2012 by Canadian UnderwriterThe Ontario Court of Appeal’s decision in Jones v. Tsige, which found a right to a civil action for breach of privacy, may be a “game-changer” for insurance defence counsel. “We have this [data breach] case out there, and it…
Ongoing auto insurance projects figure prominently in FSCO’s 2012 draft priorities
April 9, 2012 by Canadian UnderwriterAuto insurance comprises a large chunk of the Financial Services Commission of Ontario (FSCO)’s priorities for 2012. Certainly within the auto insurance file, FSCO has a lot of irons in the fire right now. These include steps to reduce auto…
Unauthorized electronic access to North American credit card payment processor’s system exposes data of up to 1.5 million cards
April 5, 2012 by Canadian UnderwriterGlobal Payments Inc., a provider of payment processing services for retailers and financial institutions, reported an unauthorized access into its payment processing system in April, exposing card data for up to 1.5 million card numbers. It is unknown if the…
Medicine Hat, Alberta insurance agent agrees to pay $70,000 for his role in insider trading scheme
April 4, 2012 by Canadian UnderwriterA Medicine Hat, Alberta insurance agent has reached a settlement agreement with the Alberta Securities Commission, in which he agreed to pay $70,000 for his role in a 2009 insider trading scheme. According to the settlement agreement and undertaking, James…